christ what a stupid idea this was.
not only did people get into more debt than they should of, but gouged and raped by car dealerships to get into new cars that they didnt need.
my friends neighbor traded in her old Chrysler minivan to get a chevy truck. She said she regrets it now because not only does she have to make a $600/mo payment, but also her car insurance went up $30/mo. Her minivan was completely paid off, but the sales people assured her it would be a good idea to do this... plus she has a loan at 15% for 72 months!

personally i think this was an idea between the gov't and banks to fuck people even more